empresasbasicasguayana

The Venezuelan Guayana Corporation (CVG) and union leaders in the basic industries sector reached an agreement that resolved a 17-day dispute: active and retired workers at state-owned iron, steel, and aluminum companies will receive a profit-sharing bonus equivalent to US$1,100. The announcement, confirmed after a meeting chaired by the head of the corporation, Héctor Silva, includes an end to the protest and protection against dismissal for those who took part in it.
Beyond labor issues, the news has an angle that is of particular interest to us at PitbullChain: it involves an injection of cash foreign currency—paid in installments and according to a schedule—that will reach thousands of households in the south of the country. And where the dollar goes, the P2P market follows.